Startups

Editor's note: Get this free weekly recap of technewss news that any startup can use by email every Saturday morning (7 a.m. PT). Subscribe here. Did you follow all of the unicorn news from the last couple of weeks? No? Here's a list of headlines to catch you up, because this holiday sea

Zephr has raised $8 million in a new funding round led by Bertelsmann Digital Media Investments (owned by media giant Bertelsmann). The London-headquarted startup’s customers already include publishers like McClatchy, News Corp Australia, Dennis Publishing and PEI Media. CEO James Henderson t

Fintech startup Revolut is launching its own acquiring solution. With this move, the company is competing directly with Stripe, Adyen, Braintree or Checkout.com. This is an in-house product and not just a fresh coat of paint on an existing solution. As a reminder, Revolut already offers business ac

Like many overseas Chinese, Derek Weng gets shopping requests from his family and friends whenever he returns to China. Some of the most wanted imported products are maternity items, cosmetics and vitamin supplements. Many in China still uphold the belief that “imported products are better.&#

OTV (formerly known as Olive Tree Ventures), an Israeli venture capital firm that focuses on digital health tech, announced it has closed a new fund totaling $170 million. The firm also launched a new office in Shanghai, China to spearhead its growth in the Asia Pacific region. OTV currently has a

Latin America's startup scene has attracted troves of venture investment, lifting highly-valued companies such as Rappi and NuBank into behemoth businesses. Now that the spotlight has arrived, those same startups need more talent than ever before to meet demand. That's where one seed-stage

Fintech startup Stripe has announced an ambitious new product today called Stripe Treasury. The company is partnering with banks to offer a banking-as-a-service API. In other words, Stripe clients will be able to provide bank accounts to their customers — the service is invite-only for now. This

Coronavirus is causing large and small businesses to drastically cut marketing budgets. In Forrester's self-described “most optimistic scenario,” the analysts project a 28% drop in U.S. marketing spend by the end of 2021. Even Google is cutting its marketing budget in half. As marketers mov

VCs expect the companies they invest in to use data to improve their decision-making. So why aren't they doing that when evaluating startup teams? Sure, venture capital is a people business, and the power of gut feeling is real. But using an objective, data-backed process to evaluate teams —

Ben Ling is as done with 2020 as the rest of us, but certainly for him, the year could have been worse. Ling, who founded his own venture outfit in 2018 — naming it Bling Capital (a nickname from way back) — just closed on $113 million in capital commitments across two new funds: a seed

Compensation within private venture-backed startups can be a confusing minefield that if unsuccessfully navigated can lead to inconsistent salaries and the kind of ambiguity that breeds an unhappy workforce. Pave, a San Francisco-based startup that recently graduated from YC Combinator is aiming to

Digital health startup Everlywell has raised a $175 million Series D funding round, following relatively fast on the heels of a $25 million Series C round it closed in February of this year. The Series D included a host of new investors, including BlackRock, The Chernin Group (TCG), Foresite Capita

San Francisco-based construction startup Versatile is announcing today that it has raised a $20 million Series A. The round was led by Insight Partners and Entree Capital, along with existing investors Robert Bosch Venture Capital GmbH, Root Ventures and Conductive Ventures. The round follows $8.5

Ultimate.ai, a virtual customer service agent builder, has closed a $20 million Series A round of funding, led by Omers Ventures with participation from Felicis Ventures and existing investors HV Capital, and Maki.vc — bringing its total raised to date to more than $25 million. The European s